SORTIS GROUP

Mr. Martin Paev, CFA, Chairman of SORTIS Group (Bulgaria), took part in the New Developments & Restructuring CSEE Forum 2019 on the 7th of November 2019 at Athenee Palace Hilton in Bucharest, Romania. This year at the forum, senior NPL experts from the region, including Romania, Bulgaria, Serbia, Ukraine, and Turkey, discussed the drastic decrease in […]

The global leader in digital business solutions Ricoh entered the Bulgarian market by becoming a shareholder in Nemetschek Bulgaria. The change is the result of Ricoh’s acquisition of DocuWare – a leader in business information and process management technologies and a long-standing minority partner in Nemetschek Bulgaria. The deal was finalized on the eve of […]

The British startup for discovery and development of rare disease treatments Healx Ltd. raised $56 M in Series B funding to launch 40 rare disease programs while taking some of its existing assets into the clinic. The financing was led by UK VC, Atomico, joined by Intel Capital, Global Brain and btov Partners as new […]

SORITS Invest is mandated by an international investor who is seeking to acquire manufacturing companies in Bulgaria with revenues in the range BGN 10-80 million. Please see the attached PDF file for full criteria. We will be interested to discuss your ideas; please get in touch with Mr. D. Dimitrov, Director, Investment Banking at +359 […]

The long-awaited solution for Bulgarian small to medium-sized enterprises was finally released by launching the Bulgarian Mezzanine Partners fund. The fund will manage a total of €38.5 M public resources received from the Bulgarian Fund of the Funds, established under the EU operational programme „Innovation and Competitiveness 2014-2020” and also plans to raise additional private […]

Taylor&Hart, the London-based premium e-jeweller with Bulgarian co-founder, received £3.6 M in a series A investment from the Bulgarian VC fund LauncHub, the UK-based VC Active Partners, and the private investor and ex-managing director of Asprey and Smythson, Paddy Byng. The investors will receive 35% of the company. With the funding, Taylor&Hart will speed up […]

The global leader in real estate investing, Blackstone launches a €8 Bn worth pan-European logistics last mile real estate company, Mileway, to support e-commerce and urbanization. Mileway will be headquartered in Amsterdam and will operate approximately 1,000 logistics assets acquired by real estate funds managed by Blackstone over the past several years. The new company […]

The Polish payment solutions provider, Payten, acquired the Czech provider of complex solutions for non-cash payments, Sonet, in a €4 M deal. The acquisition includes 100% shares of Sonet, including its subsidiary in Slovakia. With the acquisition of Sonet, Payten will expand its business to new territories and will strengthen its payment operations in the […]

The newly formed venture capital fund for startups New Vision 3 (NV3) is ready to make seed and early-stage investments for €23 M in 45 Bulgarian companies. The fund has started considering candidate companies and expects to have 3 or 4 investments completed by the end of 2019. New Vision 3 Fund is the third […]

US banking giant, Mastercard is on its way to make its biggest acquisition ever by buying a majority share in Denmark-based payment provider Nets Group in a €2.85 Bn deal. The acquisition will include Nets’ corporate services business, more precisely its clearing and instant payment services, and e-billing solutions. Due to regulatory approvals and customary […]